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Sep 30, 2012
09/12
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. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the biggest deficit in american history? >> it wasn't the biggest and he didn't inherit it. world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830
. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the...
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Sep 30, 2012
09/12
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world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion spending. >> february 2009 that president obama doesn't want to take any credit for but it passed six months. >> he signed it into law. the stimulus was huge. he signed a spending bill shortly before in the spring of 2009. but even in the beginning of 2009 where he wants to throw it on all on president bush. this is when president obama was in senate. he voted for tarp. he had voted for the budget resolution that year. so he really has a hand in all of this spending. saw in that graph the big spike was in that year. >> let's take a look at spending numbers. spending tra
world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion...
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Sep 25, 2012
09/12
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CURRENT
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the deficit is coming to eat your grandchildren, but that's okay. because we should still be going to the moon to keep the chinese from being space station there. they are going to build a toy store there. and mitt romney is going to send all the work there. he is a remarkable guy, he is very capable of sending your job to china and making his money. >> stephanie: yeah exactly. love your headlines, scott brown will not be bullied by a girl from harvard. the only clips i saw was him bringing up her heritage over and over again. >> i think he's making a little bit of headway -- you know making her explain what she did for asbestos companies. it helped the asbestos workers, but you have to understand bankruptcy law to understand how it did that and you can't make a commercial out of that. the whole you make $350,000 to teach one course -- well he has been to law school. he knows how law schoolworks. >> stephanie: exactly. >> that line of attack is completely dissident from the line he sold to the country for three years. and the whole thing is mom, the
the deficit is coming to eat your grandchildren, but that's okay. because we should still be going to the moon to keep the chinese from being space station there. they are going to build a toy store there. and mitt romney is going to send all the work there. he is a remarkable guy, he is very capable of sending your job to china and making his money. >> stephanie: yeah exactly. love your headlines, scott brown will not be bullied by a girl from harvard. the only clips i saw was him...
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Sep 27, 2012
09/12
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almost double-digit deficit in ohio. we can probably win -- there is a slight path to victory without winning ohio, there really isn't one i see without winning florida. and though mitt romney is making a play for ohio and is very committed to competing in those two states we're starting to hear rumblings from smart republicans who say maybe they would be better offon pulling from ohio and investing in florida. and then through some combination of these other swing states which you would almost have to run the table pull out a victory in the electoral college, but the math is tough. >> eliot: when you are down that much in swing states it is tough to get the tech tonic plates to move. what would you counsel him? >> i don't think it's about picking and choosing on the map. when you look at the senate races they are falling apart even more for republicans, which i think may be a leading indicator for romney. it doesn't make sense to me that ohio florida, and massachusetts are falling apart on the senate side and yet romney
almost double-digit deficit in ohio. we can probably win -- there is a slight path to victory without winning ohio, there really isn't one i see without winning florida. and though mitt romney is making a play for ohio and is very committed to competing in those two states we're starting to hear rumblings from smart republicans who say maybe they would be better offon pulling from ohio and investing in florida. and then through some combination of these other swing states which you would almost...
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Sep 27, 2012
09/12
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we have tremendous deficit. fiscal cliff, health care, it is enormously expensive, it is driving a problem. one of the biggest reasons for dead. >> we need to fix the problems facing people throughout the years. ashley: very good. paul howard, thank you for being here. okay, so if you are fired up about this or any others, send us an e-mail at fox business.com. gerri willis at fox business.com. >> new numbers are out. rich edson is here with the latest details next. this used to be a land where americans dreams come true. did the golden state loses shine for dead? michael reagan weighs in. you play your cards right, you, too, can cash them at mitt romney did on his tax returns. we are on the case on "willis report" yeah, i'm looking to save, but i'm not sure which policy is right for me. you should try our coverage checker. it helps you see if you have too much coverage or not enough, making it easier to get what you need. [ beeping ] these are great! [ beeping ] how are you, um, how are you doing? i'm going to
we have tremendous deficit. fiscal cliff, health care, it is enormously expensive, it is driving a problem. one of the biggest reasons for dead. >> we need to fix the problems facing people throughout the years. ashley: very good. paul howard, thank you for being here. okay, so if you are fired up about this or any others, send us an e-mail at fox business.com. gerri willis at fox business.com. >> new numbers are out. rich edson is here with the latest details next. this used to be...
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Oct 2, 2012
10/12
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CNNW
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issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >> chris wallace kept trying but came away empty-handed. he's not the only one. take a look. >> which of the deductions are you going to be willing to eliminate? which of the tax credits are you going to -- when are you going to be able to tell us that? >> we'll go through that process with congress. >> give me an example of a loophole that you will close. >> i can tell you that people at the high end, high income taxpayers, are going to have fewer deductions and exemptions. >> mitt romney and i based on our experience think the best way to do this is to show the framework, show the outlines of these plans
issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >>...
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Sep 26, 2012
09/12
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he promises the plan will not add to the deficit. even conservative economists have tried to make the numbers work like martin feld stein. he has trumped his study but when pressed about the unflattering specifics he says i haven't seen his precise study. >> i missed it. >> stephanie: oops. rush limbaugh. >> do you realize that obama -- is trying to put together a majority coalition made up of the least informed people in this country? >> republicans? >> in some cases may be the dumbest. >> he may figure he has academia all wrapped up but his big electoral push is for the mental midgets in this country. proudly so. >> stephanie: they're already setting up to say you're stupid, you americans that just re-elected him in a landslide. stupid heads. >> stupid idiots! >> maybe we shouldn't have defunded education every chance we got as republicans. the whole country is full of dumb people who will vote for obama. >> can't solve a problem i throw money at it unless it is tax cuts for the rich and whatever. education. the one problem you can
he promises the plan will not add to the deficit. even conservative economists have tried to make the numbers work like martin feld stein. he has trumped his study but when pressed about the unflattering specifics he says i haven't seen his precise study. >> i missed it. >> stephanie: oops. rush limbaugh. >> do you realize that obama -- is trying to put together a majority coalition made up of the least informed people in this country? >> republicans? >> in some...
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Oct 2, 2012
10/12
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it not only increased the deficit but added $3 billion to the national debt and the budget doesn't balance for 28 years. we talked a lot with the tea party people. they've been in -- talked to us. they're wanting us to come for a debate with mr. cantor. we're trying to work that out now. but, let's face it, there is 15% to 25% that we're not going to agree with with the tea party on social issue. but there are in virginia sensible members of the tea party who say to us, we agree with you on 75%. >> well, that's -- that's -- >> a lot of that is -- >> that's very interesting. we have to leave it there. mudcat saunders. i'm sure we'll be watching this race very carefully there in virginia. thanks for your time. >>> a big win for the fight for voting rights today. why nobody can take that right away. that's next. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors turn billions of bytes of shared information... ♪ into a fifth anniversar
it not only increased the deficit but added $3 billion to the national debt and the budget doesn't balance for 28 years. we talked a lot with the tea party people. they've been in -- talked to us. they're wanting us to come for a debate with mr. cantor. we're trying to work that out now. but, let's face it, there is 15% to 25% that we're not going to agree with with the tea party on social issue. but there are in virginia sensible members of the tea party who say to us, we agree with you on...
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Sep 25, 2012
09/12
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we went from a billion-dollar trade deficit to $10 billion over the last ten years. that's a lot of job loss and a lot of jobs we could start to regain with with we enforce the rules that china clearly is cheating. they subsidize capital and energy and land and water. they don't play fair on currency. we stand up to them, it means good jobs and it will create a middle class in ohio. >> in your own campaign in ohio, as i mentioned in the introduction, you've raised money for your own campaign. your opponent has raised not sis similar amounts. the big difference is outside money that's coming in on his behalf. you're being outspent 4 to 1 when you look at the numbers. why are these groups from outside your state so interested in seeing you lose, a, and b, why do it in ohio when there's a premium on ad dollars because the presidential campaign is spending money? >> their money may be unlimited. and they are going after me because it's dark money. we don't know for sure who it is. we think it's the oil industry because of my efforts to take on the oil companies and the s
we went from a billion-dollar trade deficit to $10 billion over the last ten years. that's a lot of job loss and a lot of jobs we could start to regain with with we enforce the rules that china clearly is cheating. they subsidize capital and energy and land and water. they don't play fair on currency. we stand up to them, it means good jobs and it will create a middle class in ohio. >> in your own campaign in ohio, as i mentioned in the introduction, you've raised money for your own...
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Oct 2, 2012
10/12
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CURRENT
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and let's have less revenue and fix the deficit using hogwarts magic which is pretty much the paul ryan idea. that's what the widow's peak is about. i think it is part of his -- >> part of his dark hearts. >> john: they're slytherin all the way. i wouldn't trust them on a quidditch field. here is great audio that i'm thrilled about. i want to play all of this. todd akin, america's sweetheart. we talked with laura bassett about todd akin and about this guy should be written off forever about his comments about legitimate rape and how the woman's body has a way of shutting down pregnancies that were brought on by legitimate rape as opposed to the illegitimate kind that kind of makes me feel dirty. i feel better then is legitimate. don't you, peter? >> absolutely. >> john: todd akin managed to say something more offensive than that in my opinion. a lot of you will disagree. we've seen the rnc running to todd akin's defense after begging him to drop out. reince priebus -- you know what his name is if you take out the vowels, it is rnc pr b.s. mitt romney will have to be called upon to see w
and let's have less revenue and fix the deficit using hogwarts magic which is pretty much the paul ryan idea. that's what the widow's peak is about. i think it is part of his -- >> part of his dark hearts. >> john: they're slytherin all the way. i wouldn't trust them on a quidditch field. here is great audio that i'm thrilled about. i want to play all of this. todd akin, america's sweetheart. we talked with laura bassett about todd akin and about this guy should be written off...
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Oct 1, 2012
10/12
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CURRENT
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that's all they talk about now is the debt and the deficit. >> fdr caused great depression. >> stephanie: all right. steven crowder. a comedian. >> is that who he is? >> stephanie: fox news. >> something i know because i'm a millennial. we tend to vote in our own self-interest. you see in the occupied movement vote for more -- not based on the constitution parameters of government. not based ond founding principles but what the government can give them. >> stephanie: i guess so. >> i think he gave up on telling jokes a long time ago. he figured out he wasn't good at it. >> stephanie: that was a basic untrue statement. >> this ties into voters are too dumb to vote for mitt romney. and b it ties into the whole 49%, this whole notion that anyone who votes for barack obama is looking for a handout. >> stephanie: you're not just stupid. you're not just stupid. you're selfish. >> you're on free stuff. veterans the elderly the handicapped, unemployed. they're looking for free stuff. >> stephanie: yep. >> it is quite a message for a national campaign. >> stephanie: really is. brian kilmeade on f
that's all they talk about now is the debt and the deficit. >> fdr caused great depression. >> stephanie: all right. steven crowder. a comedian. >> is that who he is? >> stephanie: fox news. >> something i know because i'm a millennial. we tend to vote in our own self-interest. you see in the occupied movement vote for more -- not based on the constitution parameters of government. not based ond founding principles but what the government can give them. >>...
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Oct 3, 2012
10/12
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CURRENT
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you're going to spend more money on defense, and you're going to cut the deficit all at the same time, and your answer is, i don't really have time. >> right,. [ laughter ] >> my 9-year-old niece in the fourth grade, she can't tell her teacher, you know, i don't have time to show you the math, trust me, this is the answer. it's not going to work. we want to hear from you 1-866-55-press. we're going to talk a little bit about paul ryan. we're going to talk a little bit about the debates answered we're going to hear a little bit more from mr. ryan as he talks about his -- as you talks about how he can't show us the math and how he has plans, failed plans for medicare cutting taxes and for america, right after this. >> on your radio and on current t.v., this is the bill press show. ♪ unrivaled analysis and commentary. >> you're going to hear that used as a major talking point. (vo) the only network with real-time reaction straight from the campaigns and from viewers like you. >>now that's politically direct. >> this is the bill press show live on your radio and current tv. >> good morn
you're going to spend more money on defense, and you're going to cut the deficit all at the same time, and your answer is, i don't really have time. >> right,. [ laughter ] >> my 9-year-old niece in the fourth grade, she can't tell her teacher, you know, i don't have time to show you the math, trust me, this is the answer. it's not going to work. we want to hear from you 1-866-55-press. we're going to talk a little bit about paul ryan. we're going to talk a little bit about the...
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Oct 3, 2012
10/12
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it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you? >> that's the problem. if he starts getting specific like that, what the right wants to hear is not what 80% of the country wants to hear. that's the fundamental problem he has. >> the bar is pretty low for mr. romney. how does he get through the 90 minutes without any further problems? very quickly. >> i've been a big fan of the fact that mitt romney is the gift that keeps on giving. listen, if mitt romney doesn't produce a verbal or a physical gaffe tonight, then by and large, i think the republicans will probably say that he won. but, i think that
it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you?...
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Oct 2, 2012
10/12
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i'm sure you didn't miss it. 15-point deficit for mitt romney. i'm guessing you'll argue with some parts. >> i'm not going to argue with it at all. do you really believe it's right? let me test your political wisdom. do you think it's possible for that to be right? you know it's a piece of garb e garbage? >> this is a good pollster, but you can argue that it's not 15%. do you believe mitt romney is behind in new hampshire? >> no, i believe it's head to head in new hampshire. and i've seen enough other polls to tell you that is a piece of garbage. this race in new hampshire will be won by mitt romney by two to three points. i'm willing to say that publically and stick by it and i know that it that poll of 15 points is absolutely invalid. >> every sort of professional poll i have seen of campaigns, though, all seem to have barack obama ahead and the big issue in new hampshire has been the gender gap with moderate women who may be the republicans fiscally but uncomfortable on social issues. you have had to navigate that before. that's always an issu
i'm sure you didn't miss it. 15-point deficit for mitt romney. i'm guessing you'll argue with some parts. >> i'm not going to argue with it at all. do you really believe it's right? let me test your political wisdom. do you think it's possible for that to be right? you know it's a piece of garb e garbage? >> this is a good pollster, but you can argue that it's not 15%. do you believe mitt romney is behind in new hampshire? >> no, i believe it's head to head in new hampshire....
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Sep 25, 2012
09/12
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burdens would stay the same for the rich and would go down for the middle class all without raising the deficit. while even conservative economists cannot make those numbers add up. martin feld stein of the national bureau for economic research finds romney's new tax rates would cost trillions of dollars. closing tax loopholes will not pay for that. he would need to get rid of middle class deductions which then effectively raises middle class rates. that study confirms a finding from the tax policy center earlier this year. another new study is finding women are making less than men in 97% of congressional districts. that comes from the national partnership for women and families and it means there are only 13 districts in this entire country where women and men are being paid equally. some of the nation's worst districts for women's pay come from louisiana and virginia where women are making just more than 60 cents for every dollar a man earns. more bill press coming up live after the break. stay with us. we have a big, big hour and the i.q. will go way up. how are you ever going to solve the
burdens would stay the same for the rich and would go down for the middle class all without raising the deficit. while even conservative economists cannot make those numbers add up. martin feld stein of the national bureau for economic research finds romney's new tax rates would cost trillions of dollars. closing tax loopholes will not pay for that. he would need to get rid of middle class deductions which then effectively raises middle class rates. that study confirms a finding from the tax...
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Sep 27, 2012
09/12
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expected to include deep public service cut yakz trying to off set one of the worst deficits in the euro zone. outrage over austerity measures touched off violent prosts in several couriesleentays acss ro s a ek at the markets as we get all up in your business this morning. karen cho is live in london. good morning. >> good morning. the key question for markets is when spain will request a formal bailout which puts a lot of pressure on today's ne conferce. get close look at the 2013 budget. what revenue and spending is going to look like? you mentioned froests on the streets. this tells you how difficult it at home for the prime minister to push through further austerity. there will be more austerity and more o tab tay th sshrime minister tries to push the measure that these are homespun, homegrown reforms rather than ones pressured about it euro zone. in terms of what to expect should be a new tax oversight body. we'l hear news about that limitations onartint wese t across the euro zone. retirement ages are pushed higher and higher. new taxes on green house gas emissions and also on sto
expected to include deep public service cut yakz trying to off set one of the worst deficits in the euro zone. outrage over austerity measures touched off violent prosts in several couriesleentays acss ro s a ek at the markets as we get all up in your business this morning. karen cho is live in london. good morning. >> good morning. the key question for markets is when spain will request a formal bailout which puts a lot of pressure on today's ne conferce. get close look at the 2013...
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Sep 28, 2012
09/12
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five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >> right. >> i think now it's much clearer to people that these two things are related but they are quite separate and there are moments when balancing the budget or cutting spending on things like schools and public safety can actually make unemployment worse. i think something else important has happened, which is the health care law was very unpopular on election day back then. the health care law is gaining ground. and they were demobilized, the democrats last time. they are not demobilized this time. >> they were strutting around, the
five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >>...
SFGTV2: San Francisco Government Television
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Sep 29, 2012
09/12
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our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was excess. because the money flows in in a regular amounts, when money is good, everybody feels good. when $14 billion came in, they thought they were king of the mountain and spend it. arnold came in to clean it up. a couple years later, he left town and $26 billion this year. this has been the nature for the last decade, kicking the can down the road. not talking straight. the way it is. the way it is, it is a tale of two cities. there is fabulous wealth and link electronics, inc. model number: pdr-885 software version: 3.0c in some places it would be food or shelter or lov
our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was...
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Sep 26, 2012
09/12
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that's not a flat out cut in the debt or deficit. that is a slowing in the rate of growth in the rate of deficit and those cuts come many years down the road. >> brian: thank you, stewart we'll watch you at 9:30. >> gretchen: crying babies on a plane. one airline came up with a solution. >> brian: president obama pulled ahead but larry sabido who correctly predicted the electionn said that is not going to last long in virginia. ♪ i'm yours . ♪ ♪ here i am, baby. how can you get back pain relief that lasts up to 16 hours? with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and unlock tight muscles. for up to 16 hours of relief, try thermacare. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! >> brn: california is the third straight t
that's not a flat out cut in the debt or deficit. that is a slowing in the rate of growth in the rate of deficit and those cuts come many years down the road. >> brian: thank you, stewart we'll watch you at 9:30. >> gretchen: crying babies on a plane. one airline came up with a solution. >> brian: president obama pulled ahead but larry sabido who correctly predicted the electionn said that is not going to last long in virginia. ♪ i'm yours . ♪ ♪ here i am, baby. how can...
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Oct 1, 2012
10/12
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who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs to fire up his bid for the presidency. >> my biggest concern obviously would just be for the -- his mental well-being. >> wait? what? mrs. romney, that's not helping. you better finish the thought. >> i have all the confidence in the world in his ability, in his decisiveness, in his leadership skills, in his understanding of the economy, in his understanding of what's missing right now in the economy, you know, the pieces that are missing to get this jump started. so for me i think it would be the emotional part of it. >> right. he's capable, decisive, and emotionally troubled? well, that is an october surprise. let's get right to our panel this afternoon. wit
who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs to fire up his bid for the presidency. >> my biggest concern...
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Sep 28, 2012
09/12
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part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much lower 35%. critics say france's proposed hikes will back fire by putter hurting businesses. police in canada busted three men, including one current and one former police officer for smuggling cheese and other foods across the border cost more in canada than the lower 48. suspects bought $200,000 of the stuff buffalo, new york. drove some 22 miles into canada without declaring it to customs. sold it to canadian restaurants and made more than $165,000 in profit. off cheese. one day after israel's prime minister netanyahu drew a red line. he spoke about the iranian nuclear threat. we will have details from both phone calls. word of another football bounty scandal. but not in the nfl this time. peewee wait until you hear this. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speec
part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much lower 35%. critics say france's proposed hikes will back fire by putter hurting businesses. police in canada busted three men, including one current and one former police officer for smuggling cheese and other foods across the...
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struggling past crowds of protesters negotiate another austerity package despite the strain to contain the deficit the greek government still planning a multi-billion euro formula one track vestment advisor patrick. couldn't wait to tell us what he thinks about. this is just absolutely insane and of course greece should be promoting tourism but surely they should be promoting tourism and all of those beautiful engine artifacts that come from the engine greek civilization which was probably the last time that they actually managed to have the economy in balance rather than sitting here and trying to build another incredible pillar of the eccleston empire formula one i'm all for motorists thing but i don't see why greek pensioners should be starving that a point in time when they lay one hundred million euros worth of tarmac for the formula one so what we have is you know the troika these people who come along and demand cuts they've been coming for the last several years every time they go away they think they've got a deal in the greek side people to stick to it so this time around they really fin
struggling past crowds of protesters negotiate another austerity package despite the strain to contain the deficit the greek government still planning a multi-billion euro formula one track vestment advisor patrick. couldn't wait to tell us what he thinks about. this is just absolutely insane and of course greece should be promoting tourism but surely they should be promoting tourism and all of those beautiful engine artifacts that come from the engine greek civilization which was probably the...
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, indirectly, they're selling the deficits to the banks and the fed's buying it from the banks. this is a bit like argentina, it's a bit like latin america. is there an inflationary bubble coming? >> i don't think so and here's the bottom line, we can't get industry, the manufacturers, the folks that want to borrow this money, we can't get them to take on projects. i do think the politicalization of wall street right now, the ceos don't want to invest because they don't know about the tax cuts. but we have trillions of dollars that is ready to get into money flow. we need the money to get higher velocity and they're not doing it because they can't get a return on their investment. >> what's romney going to stay in the debate tomorrow to really articulate -- >> he's not going to be able to say those trillions can -- >> here's what romney said, to the extent that there's been any recovery at all, to the extent that there's been any economy growth at all, it's been -- whatever we have had has been completely funded -- remember what obama said, i'm going to build a new foundation. i
, indirectly, they're selling the deficits to the banks and the fed's buying it from the banks. this is a bit like argentina, it's a bit like latin america. is there an inflationary bubble coming? >> i don't think so and here's the bottom line, we can't get industry, the manufacturers, the folks that want to borrow this money, we can't get them to take on projects. i do think the politicalization of wall street right now, the ceos don't want to invest because they don't know about the tax...
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Sep 26, 2012
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what he's referring to the fact we're not going to let this increase the deficit. and so the growth in revenues as a result of the economic growth is going to pay for that in part, and we're also going to make the tax system flatter and fairer and simpler which is something else conservatives have wanted, which is also pro-growth. and that's the part the governor is emphasizing. >> he says don't expect any big tax cuts. first of all, you guys ought to pledge to the middle class those middle brackets. i'm not talking about the upper. the upper should lose their tax deductions and everything should be on the table. but i'm talking about the brackets that are around 15% to 28%, jim. that's where the take home is going to rise. you ought to say we're going to leave your deductions alone. we're going to take it out of the high of the upper income people because we're giving them a big tax cut. the middle class, he shouldn't even suggest they're going to be tax deductions. i wrote a column about this. i said use reagan's slogan. use reagan's slogan. all right. take-home
what he's referring to the fact we're not going to let this increase the deficit. and so the growth in revenues as a result of the economic growth is going to pay for that in part, and we're also going to make the tax system flatter and fairer and simpler which is something else conservatives have wanted, which is also pro-growth. and that's the part the governor is emphasizing. >> he says don't expect any big tax cuts. first of all, you guys ought to pledge to the middle class those...
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the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and the final point i would make is i think the important thing for this election is that braump has a 52 positive, 42 negative image. mitt romney has a negative image. only two have had a net negative image at this point and one of them loss, george h.w. bush and romney needs to improve that dynamic. >> democratic pollster. thank you very much to both of you. we have to get back in the field. let's keep poling. just two days away from friday's jobs report. we will get a quick preview on wall street on the market run down. and then we are taking a tr
the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and...
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romney failing to make the sale on almost any issue, including the economy where he's at a six-point deficit to the president. six points on the economy? tt rney kha. trouble. and in a brand new ad, one reason is clear, as romney plays face thecamera, doing his best damage control over that 47% video. >> president obama and i both care about poor and middle class e difference is, my policies will make things better for them. >> and, cut. very good. that was marginally convincing. maybe a little more -- tell you what, here's an example of a politici speaking this nuauti an in bowlingreen wit come >> my opponent may think it's fair that someone who makes $20 million a year, like he does, pays a lower rate than a teacher, i disagree. i don't think that's fair. i don't think it helps grow our economy. mi t give up their deductions for owning a home or looking after their kids just to pay for another millionaire's tax cuts. we're not going to do that. >> dear me. diwe mention ohio voting starts in sidays? i'm delht to be joined now by former ohioer t strickland with us from columbus. good afterno
romney failing to make the sale on almost any issue, including the economy where he's at a six-point deficit to the president. six points on the economy? tt rney kha. trouble. and in a brand new ad, one reason is clear, as romney plays face thecamera, doing his best damage control over that 47% video. >> president obama and i both care about poor and middle class e difference is, my policies will make things better for them. >> and, cut. very good. that was marginally convincing....
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the deficit is over 16%. that's the types of things i would start doing and on their brass tax facts that they can be using and we're making it vague and all of the things that we have in common as republicans with president obama but we do not. >> well, i mean -- look, debates are not just about landing punches. real people look at debates and say, what kind of a person are you? what kind of leader are you? what kind of person are you? if he doesn't communicate what kind of he person he is, no one is going to vote for him. >> meghan, she's like a straight shooter. >> i'm at my breaking point with this. and i like governor romney. >> we don't have to agree on everything but at least you're candid. meghan mccain and richard wolffe, thank you for your time tonight. as i've said before, this election is not about obama. it's about your mama. new polls show that the public thinks the big issue at stake on this election day, including medicare, social security, and our safety net. but, first, the right double stan
the deficit is over 16%. that's the types of things i would start doing and on their brass tax facts that they can be using and we're making it vague and all of the things that we have in common as republicans with president obama but we do not. >> well, i mean -- look, debates are not just about landing punches. real people look at debates and say, what kind of a person are you? what kind of leader are you? what kind of person are you? if he doesn't communicate what kind of he person he...